$ETH/BTC just dropped to its lowest level since May 2020 Wh | Bhavesh 07 on Binance Square

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Bullish

$ETH/BTC just dropped to its lowest level since May 2020
What exactly happened to #Ethereum? 
#ETH 

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#LDO/USDT BUY SETUP LDO has broken out of the descending channel with good volume and has successfully completed a retest of the breakout level. The structure now looks bullish, and the price appears poised for a potential strong upward move.#BTCvsMarkets

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📌 My take on the whole ALT game • Checking TOTAL3 (all alts m-cap minus BTC & ETH). Follow-up to the 22 Apr video. — 1) Classic V-SHAPED reversal just like BTC did. First soft target (candle bodies only) is the $840-850 B zone. We’re at $820 B now. That’s the MINIMUM. When we tag it I’ll THINK about trimming a PART of the bag if I were buried—pure risk management so I can reload lower if things turn ugly. 2) If TOTAL3 closes & holds above $850 B, we open a potential DD leg toward $940-1 T. Most likely path IMO. I’ve been eyeing that $1 T retest forever; that’s where I decide whether to nuke the ENTIRE swing stack. Zero moves for me at 850 B, big decision at a trillion. 3) Weekly TF fib from the Dec top: love the fake-out under the yearly MA (yellow) and instant reclaim. Even if we never make a new high this cycle, price usually tags those three fib bands—$850 B, $900 B, $960-1 T—after bear-wave one. 🔶 CAPS = action points. My public bag’s green, so I won’t dump the first decent bounce. But if I were deep red I’d unload 30-40 % right in that $850 B box. #BinanceHODLerSIGN

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Long $BANK here! #dinnerwithtrump

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The SUI long position is now over 80% profitable in the spot market. You may want to book some profits here and hold the rest with a trailing stop loss. The price is currently attempting to break through the resistance area. There is a high likelihood that we might see a rejection and a subsequent move towards the support area. Support Area: $2.80-$2.90 #SUI🔥

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🔷 Looking at #ETH globally On the daily timeframe we see a strong correction of the last months. At the same time, it is all within the "descending price channel" 📉. The price did not go beyond this formation in mid-December, so its boundaries are also the boundaries of the correction. There are also mirror levels of ~$1,790, ~$2,100 and ~$2,550. Along with the market recovery, the second cryptocurrency also went up. It hit the mirror level of ~$1,790 and the upper boundary of the channel below 🪙. We saw a similar situation on Bitcoin. Only there was the upper boundary of another pattern and two EMAs. Now the second cryptocurrency is "crossing the Rubicon" similarly to the first. With a high probability, everything will go positively for the bulls 🐂 👑 #ETH

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